I think the closing of this mill for good is a bullish sign for this company. Obviously the main question with this company is if it can continue to operate as a going concern. This mill was already closed on a short term basis, and Caraustar mentions that it will be able to retain all the customers and be able to service them via their other plants. What this does is maintains revenues and decreases cost through the closing of the plant. I'm pleased to see that management is taking steps towards saving this company instead of sitting idly by as the company sinks away. It is of my opinion that Caraustar will survive and prosper and therefore we should see the share price surge. Whether we see this short term or long term is yet to be seen, but I think we'll see a steady uptrend until June and then we will see significant price movement depending on the outcome of the senior debt being refinanced. GLTA.
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